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The Independent UK
The Independent UK
Business
Henry Saker-Clark

Netflix agrees revised all-cash deal for Warner Bros studios

Netflix Warner Bros Warner Bros Discovery United States Alamy David Zaslav HBO Max Paramount Skydance WBD

Netflix has significantly increased its all-cash offer to acquire Warner Bros Discovery’s studio and streaming business, intensifying an ongoing takeover battle with rival Paramount Skydance.

The revised bid aims to secure Warner Bros’ extensive film and television library, alongside its premium HBO Max streaming service, in a move that could reshape the entertainment landscape.

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